8885 Locust St SWSherrodsvilleOH44675
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Sherrodsville at 8885 Locust St SW, Sherrodsville, OH, 44675 offers a 2.62% rental yield on a $813,000 purchase with $1,774/mo rent. 03% in year one. Equity gained on principal adds $5,246/yr while 5% annual appreciation supports $224,617 over five years. Portfolio math shows five-year ROI at 18.16% and total cumulative return in cash at $48,585. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,774/mo property income against a $3,979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44675, Sherrodsville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,040 (100%) |
| Owner Occupied HU | 625 (60.1%) |
| Renter Occupied HU | 138 (13.3%) |
| Vacant Housing Units | 277 (26.6%) |
| Median Home Value | $184,267 |
| Average Home Value | $221,136 |
Housing Distribution
Address Breakdown
Residential
815
Single Family
815
Multi-Family
0
Businesses
40
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Listed by: Dawn C Leone • McInturf Realty
Mls Name: MLS Now
Mls ID: #5169918